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Regarding a reverse split. I hope you all understand a reverse split doesn’t make any difference as to the value of the company. One day you have 1/10th the amount of shares that are each worth 10X the value they were before so it’s a wash. I look at the market cap of the company which would be unchanged under any split scenario. At $382M our market cap is ridiculously low. I doubt it will go lower as the news is positive. Shortly we will get financing news followed by the “we are starting construction” headlines. Stock price only goes higher from here.
Most of the time I blow thru these posts quickly paying little attention to the nonsense that goes on each day.
However your post....wow.
I’m positive. Permits in hand. Multi billion dollar resource. $300M market cap. This is the bottom as far as price.
Two Vascepa on EBay right now. $210....free shipping.
I assume this is against some law. What’s the penalty? If it’s no big deal or no issue at all I’ve got to find a few cases of this stuff....$105 a jug. Wow
Same seller has sold Vascepa in the past.
Actually it’s squat cobbler. From Better Call Saul.
Nah...it’s my normal. Thanks tho
Hey snowflake.....check eBay item # 202744226505.
I took a screenshot of the email I received from EBay as well. Too much of a PITA to figure out how to post it. However periodically Vascepa shows up on eBay.
Gone now
Two Vascepa’s on EBay this morning. One is only $60 including shipping. I’m actually ok with this. The more the merrier. Sell it boys....sell it
JL....My thought regarding your hedge is it’s a birthday issue. We use them up and after a while there aren’t enough left to take big bets even on small risks. ARRY set me up so I’m good. AMRN is as big and should be bigger but I can live on the ARRY $$. However if AMRN was most of everything? I would have a hard time sleeping at night. Now....you can sleep at night and the money you spent to do it won’t matter.
I agree.
So...small as in one in seven but pretty damn substantial to that one guy
Zacks is one of the best sources of info. Cutting edge on time all the time. Here’s one that’s an hour old.
https://finance.yahoo.com/news/array-biopharma-arry-moves-buy-130001902.html
Yeah....I’m now thinking that’s what they meant.
Maybe they see it affecting different folks differently? Some see a small benefit all the way to substantial.
I don’t see it as a negative. It’s a statement that says almost nothing. At least they say it works.
Here’s the only part that bugs me and it’s not really negative.
“we have high certainty that Vascepa provides a small-to-substantial net health benefit”
They (he) probably could have worded that differently.
Excellent. Thanks for this.
James...high points of Cantor. $5-10 billion annual sales. $35 current price target.
Hey......I am HD. I’m cool.
I disagree. The shorts that aren’t part of those $60M batch of $18 shares have to cover now. With the Florida BCBS news and positive ICER we are never going to see $18 again
Off ST board: BCBS of Florida changed TG cutoff for Vascepa from 500 to 135mg/dl.
Chen is back today:
“Amarin equity raise could accelerate Vascepa growth, says Cantor 's Chen she reiterates an Overweight rating. Amarin could have peak sales of $5B-$10B!! V Peak Sales Could Exceed Great Expectations."
ICER is positive for us.
Airbaa....your first post. Looks like you might have bought at $18 or so. I understand you hoped to make a quick buck. Sorry you are disappointed. Hopefully you will look back on exiting as the worst decision you’ve ever made in the stock market.
I could not agree more. Nicely stated.
Herbie....I had to take a look to see when the last time we saw prices this low. It was all the way back...well...about a month ago.
The only thing bugging me is HDG is gone. Usually he has something to say in times like these.
Like...”Nothing has changed. It was prudent to raise some capital and the $18 it was priced at is understandable as that where the price was a couple weeks before the raise”
Last September a pretty savvy guy that I know well sold out his 75K shares prior to 9/24.
The atmosphere feels like last early September. We all know how that worked out.
I was curious about the extra $60M worth. Last time I thought the over allotment went right away
Panton....if it did was it at $18 as well?
Panton....did the full $460M get placed?
How did your original post relate to AMRN anyway? Had something to do with high blood pressure meds.
How about: Black people are harder to see at night. That racist?
White people burn easily in the sun. That’s not.....right?
See...it’s his problem.
The original author wasn’t racist in his statement. He was simply stating a fact. The fact that it bothered you.....yeah...there’s some snowflake in you. That’s just another fact. No offense.
Very well stated.
Isn’t that the truth.
So if they start repurchasing shares in one year as things are going great. Share price at that time is $36. Wouldn’t that effectively be borrowing the $460M at 100% interest?
They sell the last $60M worth?
Until they sell/place the remaining $60M anything shorted over $18 is profit. So they need to place that $60M.